Following the IMF’s 2023 Article IV review, the fund noted that Kyrgyzstan’s economy showed robust growth in 2023, fueled by construction and trade. Despite regional challenges, tax revenue increased, and public debt fell. Inflation decreased from 14.7% to 7.3% YoY by December 2023. The current account deficit remains large, pressured by decreased remittances and gold exports. The economy is expected to grow at 4%, with inflation anticipated to stabilize and public debt expected to remain manageable, assuming normalization in gold export and external trade reporting.